Trends and Targets for 6/09/2017

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LLOYDS BANK (LSE:LLOY) It has been a month since we viewed this lot and it's failed to do anything special. Perhaps the 4.44p width of movement has deep meaning to some folk but from our perspective it simply illustrated what a waste of time August was. Unfortunately, we'd postulated 63.5 as a droop target and not only has the share obliged, it has managed to slither below. Obviously, this means something and our software is now proclaiming a bounce point for the price.

Actually, it's the same bounce point we'd mentioned last month; somewhere around 57.5168p mid-price apparently. Of course, we always give some derrière covering numbers and in the case of Lloyds, the very last straw for the next leg down should be trades below 61.52p - though in fairness it's just about in the drop zone from a visual perspective, closing the 5th Sept against the RED uptrend, though to be pedantic, it did end the session a few 1/100th of a penny below.

Worse, there's another issue if 57.5 actually does make an appearance. We shall commence viewing Lloyds as a share achieving lower lows and probably feel the need to mention 50.5 as possible for a real "trampoline" bounce.

To escape this mess, the share price requires bettering 66.85p currently, the BLUE line on the chart.

So, now all the good news is out of the way, what does the immediate future hold?

We'll pretend the share closed the session above RED and assume some sort of bounce is viable. This being the case, the immediate situation suggests anything capable of bettering 64.2p should attempt 65.25p which, if bettered, ticks the first box for bottom being "in". Then things get a little curious, thanks to all the opening second manipulation gaps the price has suffered. Apparently, above 65.25 means we should express optimism in the direction of 66p but the price could easily find sufficient oomph to accelerate to 68.5p and beyond.

For now though, we suspect 57.5p shall probably give some sort of bounce in the fullness of time.

Chart goes here

 

FUTURES

 

Time Issued

Market

Price At Issue

Short Entry

Fast Exit

Slow Exit

Stop

Long Entry

Fast Exit

Slow Exit

Stop

Prior

10:53:59PM

FTSE

7354

               

Success

11:00:18PM

BRENT

53.12

               

Success

11:02:29PM

US CRUD

48.8

47.7

47.365

46.76

48.23

49.18

49.42

50.64

48.06

Success

11:05:15PM

GOLD

1340

               

11:07:47PM

FRANCE

5061

               

Shambles

11:10:13PM

GERMANY

12080

               

'cess

11:12:36PM

US500

2459.27

2446

2439.5

2426

2463

2470

2476

2486

2460

Success

11:16:55PM

DOW

21760

               

Succory

11:19:58PM

JAPAN

19326

               

'cess

 

SUCCESS above means both FAST & SLOW targets were met. 'CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today's updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

 

We can be contacted at [email protected] Spam filters set to maximum so only legit emails get through...

 


Section One - Outlook Updated Today. Click here for Section Two - Outlook Remains Valid shares

 

Click Epic to jump to share: LSE:AV. Aviva** **LSE:BARC Barclays** **LSE:CLLN CARILLION PLC** **LSE:EZJ EasyJet** **LSE:FOXT Foxtons** **LSE:HIK Hikma** **LSE:IAG British Airways** **LSE:IQE IQE** **LSE:KAZ Kaz Minerals** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:PMO Premier** **LSE:RBS Royal Bank Scot** **LSE:TLW Tullow** **LSE:UKOG UK Oils and Gas** **LSE:VED Vedanta** **

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Updated charts published on : Aviva, Barclays, CARILLION PLC, EasyJet, Foxtons, Hikma, British Airways, IQE, Kaz Minerals, Lloyds Grp., Marks and Spencer, Premier, Royal Bank Scot, Tullow, UK Oils and Gas, Vedanta,


LSE:AV. Aviva Close Mid-Price: 511 Percentage Change: -0.68% Day High: 515 Day Low: 509.5

Now below 509 signals 495 next with secondary 461p. Anything near term bou ........

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View Previous Aviva & Big Picture ***


LSE:BARC Barclays Close Mid-Price: 187.9 Percentage Change: -1.21% Day High: 190.6 Day Low: 187.5

Below 187 risks being pretty bad with 184.5 with some bounce potential and ........

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View Previous Barclays & Big Picture ***


LSE:CLLN CARILLION PLC Close Mid-Price: 47.95 Percentage Change: -1.03% Day High: 49.77 Day Low: 46.98

Anything near term up above 50 should generate an initial 57.25 with secon ........

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View Previous CARILLION PLC & Big Picture ***


LSE:EZJ EasyJet Close Mid-Price: 1156 Percentage Change: -2.12% Day High: 1188 Day Low: 1152

Below 1152 is still dangerous, suggesting 1129 initially with slight hope ........

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View Previous EasyJet & Big Picture ***


LSE:FOXT Foxtons Close Mid-Price: 85 Percentage Change: -3.41% Day High: 88 Day Low: 85

Target Met or near enough for a hard look. Now below 85 points at 81.5 wit ........

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View Previous Foxtons & Big Picture ***


LSE:HIK Hikma Close Mid-Price: 1190 Percentage Change: -0.50% Day High: 1212 Day Low: 1181

Sometimes we wonder who reads our stuff as this was not permitted closure ........

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View Previous Hikma & Big Picture ***


LSE:IAG British Airways Close Mid-Price: 595 Downtrend now: 611.807 Uptrend now: 0 Percentage Change: -1.41% Day High: 610 Day Low: 594

The suggestion is of weakness below 594p bringing 566p into the frame. Sec ........

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View Previous British Airways & Big Picture ***


LSE:IQELSE:IQE IQE. Close Mid-Price: 147 Percentage Change: + 6.52% Day High: 149.75 Day Low: 121

Target Met. Quite impressive, despite a grotty day and now above 150 signa ........

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View Previous IQE & Big Picture ***


LSE:KAZ Kaz Minerals Close Mid-Price: 860 Percentage Change: -1.71% Day High: 881.5 Day Low: 845.5

Above 882 signals longer term movement toward 1120 next with secondary 160 ........

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View Previous Kaz Minerals & Big Picture ***


LSE:LLOY Lloyds Grp. Close Mid-Price: 63.1 Downtrend now: 66.58 Uptrend now: 0 Percentage Change: -0.47% Day High: 63.61 Day Low: 62.89

We're still regarding this with a jaundiced expression as below 62.8 remai ........

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View Previous Lloyds Grp. & Big Picture ***


LSE:MKSLSE:MKS Marks and Spencer. Close Mid-Price: 324.2 Percentage Change: + 1.06% Day High: 326.5 Day Low: 321.3

Near term movement continuing above 327 looks like finding 339p awaiting w ........

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View Previous Marks and Spencer & Big Picture ***


LSE:PMOLSE:PMO Premier. Close Mid-Price: 58.75 Percentage Change: + 5.38% Day High: 58.5 Day Low: 55.25

Movement now above 59p tends hint at near term oomph to 62p initially. The ........

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View Previous Premier & Big Picture ***


LSE:RBS Royal Bank Scot Close Mid-Price: 248.4 Percentage Change: -0.64% Day High: 250.6 Day Low: 247.8

RBS has visited the dark side, now trading in a region where below 247 poi ........

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View Previous Royal Bank Scot & Big Picture ***


LSE:TLWLSE:TLW Tullow. Close Mid-Price: 160.6 Percentage Change: + 3.95% Day High: 162.8 Day Low: 154.4

Target met. This is, by 0.1p, looking hopeful! Bettering 163 looks like th ........

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View Previous Tullow & Big Picture ***


LSE:UKOGLSE:UKOG UK Oils and Gas. Close Mid-Price: 7.58 Percentage Change: + 16.99% Day High: 7.72 Day Low: 6.58

This has been messing around quite a bit and now, above 7.75 should prove ........

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View Previous UK Oils and Gas & Big Picture ***


LSE:VED Vedanta Close Mid-Price: 874.5 Percentage Change: -0.51% Day High: 900 Day Low: 873

Target Met. We're still expecting stutters around current, due to prior hi ........

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View Previous Vedanta & Big Picture ***


*** End of "Updated Today" comments on shares. Listed below are those where commentary remains valid.

Click Epic to jump to share:LSE:AFC AFC Energy** **LSE:AGM Applied Graph.** **LSE:AMER Amerisur** **LSE:ASC Asos** **LSE:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:BLVN Bowleven** **LSE:BP. BP PLC** **LSE:BPC Bahamas Pet** **LSE:BT.A British Telecom** **LSE:CAR Carclo** **LSE:CASP Caspian** **LSE:CBUY Cloudbuy** **LSE:CEY Centamin** **LSE:DGE Diageo** **LSE:EME Empyrean** **LSE:EMG MAN** **LSE:FGP Firstgroup** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:HL. Hargreaves Lansdown** **LSE:HSBA HSBC** **LSE:HUR Hurrican Energy** **LSE:IEH Intelligent energy** **LSE:IGAS Igas Energy** **LSE:IGG IG Group** **LSE:IHG Intercontinental Hotels Group** **LSE:IPF International Personal Finance** **LSE:ITV ITV** **LSE:LMI LonMin** **LSE:MOS Mobile Streams** **LSE:NG. National Glug** **LSE:NIPT Premaltha** **LSE:OPG OPG Power Ventures** **LSE:OXIG Oxford Instruments** **LSE:PMG Parkmead** **LSE:POG Petrop etc** **LSE:POL Polo Resources** **LSE:POLY Polymetal** **LSE:PPC President Energy** **LSE:QFI Quadrise** **LSE:RED REDT** **LSE:RKH Rockhopper** **LSE:RMG Royal Male** **LSE:RR. Rolls Royce** **LSE:RTHM Rythm One** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SGP Supergroup** **LSE:SHP Shire** **LSE:STAN Standard Chartered** **LSE:SUMM Summit** **LSE:SXX Sirius Mins** **LSE:TAN Tanfield** **LSE:TCG Thomas Cook Group** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:VEC Vectura** **LSE:VOD Vodafone** **LSE:VOG VICTORIA** **LSE:WTG Watchstone** **LSE:ZOL Zoldav** **

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Many thanks for taking the time to read this and good luck for today. Please feel free to mention us after something goes right!

 

Risk Warning & Notice to Investors

Buying, selling and investing in shares is not without risk. Market and company movement will affect your performance and you may get back less than you invest. Neither Trends and Targets Ltd, Shareprice, or Interactive Investor will be responsible for any losses that may be incurred as a result of following a trading idea.

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